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we have been hearing so much about what the principal negotiators think about the way around the fiscal cliff. the latest is that president obama is troubled by speaker boehner's suggestion that tax cuts to the wealthy should be permanent while speaker boehner says the president moved the goal post and wants too much in revenue. something we don't hear about is public opinion. most registered voters 57 percent feel the best way to deal with the budget problems is with cuts in spending. 20 percent think tax increases are a better solution and a little less 18 percent favor a balanced approach of cuts and tax hikes. and when asked if raising taxes on the wealthy is enough to solve the country's budget problems, 33 percent of registered voters said yes. but man fee more, 61 percent said spending cuts are necessary as well. this comes as three quarters of registered voters say all americans every single person should be kwierped to pay some amount of federal income tax so they are invested in the system. 77 percent he is think that's a good idea, 20 percent do not. if they do rise most regi
we have been hearing so much about what the principal negotiators think about the way around the fiscal cliff. the latest is that president obama is troubled by speaker boehner's suggestion that tax cuts to the wealthy should be permanent while speaker boehner says the president moved the goal post and wants too much in revenue. something we don't hear about is public opinion. most registered voters 57 percent feel the best way to deal with the budget problems is with cuts in spending. 20...
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the president's refusal to budge in negotiations with the g.o.p. on fiscal cliff talks. joining me now university of chicago booth school of business professor and former chairman of the council of economic advisors under president obama, dr. austan goolsbee. dr. goolsbee, where is the stethoscope? come on, i see it there hello, good to see you, austin. >> hey, laura great to see you again. i painted the pictures why conservatives should figure it out and not be in despair. on the other side of the equation you have the president. let's say the president gets his tax hikes. you know, everyone thinks they are going to have higher taxes in the new year. so he gets tax hikes. but then what? i mean, the new normal that's being painted by your friends over at the oecd say our girls will probably be about 2.2%. 2% maybe if we're luck in next year. the new normal even with high taxes doesn't look good. >> yeah. let's hope it's higher than that i think it's going to be a bumpy 60 days in my view. fiscal cliff. as low as that 2% is. the awful state of the world right now is that
the president's refusal to budge in negotiations with the g.o.p. on fiscal cliff talks. joining me now university of chicago booth school of business professor and former chairman of the council of economic advisors under president obama, dr. austan goolsbee. dr. goolsbee, where is the stethoscope? come on, i see it there hello, good to see you, austin. >> hey, laura great to see you again. i painted the pictures why conservatives should figure it out and not be in despair. on the other...
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this fiscal cliff negotiation seems doomed. am i being pessimistic? >> we're basically spending like europeans, but being taxed like americans. at some point you got to decide which you want. basically american government spending now is getting close to norwegian levels. and at that point, you can't have american tax levels. >> brian: what is their level? >> they spend 46% of gdp and people pay that. that's reflected in their taxes. america is basically borrowing $188 million every hour in washington. seven days a week, 24 hours a day, thanksgiving, ramadan, whatever. that gap cannot be closed by sticking to to the rich. >> brian: don't you think the president realizes that or do you think he fully realizes that in. >> oh, yeah, he does. this is the cunning thing. he's going to blame it on the rich, blame it on the republicans. but right now if you're just an average working guy with an average income, your taxes are going to go up because for him -- pour for the president, it's not about the economy. it's about government. it's about the size of gov
this fiscal cliff negotiation seems doomed. am i being pessimistic? >> we're basically spending like europeans, but being taxed like americans. at some point you got to decide which you want. basically american government spending now is getting close to norwegian levels. and at that point, you can't have american tax levels. >> brian: what is their level? >> they spend 46% of gdp and people pay that. that's reflected in their taxes. america is basically borrowing $188 million...
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but looked at strictly economically, forget the politics here, forget fiscal cliff, forget negotiations. you just look economically, raise taxes, you don't get all the money you think you are going to bring in. >> brian: real quick, kevin mccarthy, one of the young guns, was on "metropolitan the press" and said, good news. revenues are up 10%. that's because we seem to be turning around economically. here is the bad news, spending is up 16%. why? he's trying to explain to a very reluctant david gregory, why should we consider raising tax when is clearly the revenue is up, but the spending is up higher? >> the president wants to raise tax rates on people making more than 250,000. he thinks that will bring in $82 billion in one year. the experience of california and other countries is that you will not bring in $82 billion. you bring in less. >> brian: sadly, it's just about getting a trophy and saying i told you i would do it. >> that's the politics of it. >> brian: varney and company might want to pick this up at 9:20 eastern time. >> always take your advice. >> brian: i'll put it in wr
but looked at strictly economically, forget the politics here, forget fiscal cliff, forget negotiations. you just look economically, raise taxes, you don't get all the money you think you are going to bring in. >> brian: real quick, kevin mccarthy, one of the young guns, was on "metropolitan the press" and said, good news. revenues are up 10%. that's because we seem to be turning around economically. here is the bad news, spending is up 16%. why? he's trying to explain to a very...
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a rare look inside their fiscal cliff negotiations. >>. >> bl those little things still get you. for you, life's about her. but your erectile dysfunction - that could be a question of blood flow. cialis tadalafil for ily use helps you be ready anytime the moment's right. you can be more confident in your ability to be ready. and the same cialis is the only daily ed tablet approved to treat ed and symptoms of bph, like needing to go frequently or urgently. tell your doctor about all your medical conditions and medications, and ask if your heart is healthy enough for sexual activity. do not take cialis if you take nitrates for chest pain, as this may cause an unsafe drop in blood pressure. do not drink alcohol in excess with cialis. side effects may include headache, upset stomach, delayed backache or muscle ache. to avoid long-term injury, seek immediate medical help for an erection lasting more than four hours. if you have any sudden decrease or loss in hearing or vision, or if you have any allergic reactions such as rash, hives, swelling of the lips, tongue or throat, or difficu
a rare look inside their fiscal cliff negotiations. >>. >> bl those little things still get you. for you, life's about her. but your erectile dysfunction - that could be a question of blood flow. cialis tadalafil for ily use helps you be ready anytime the moment's right. you can be more confident in your ability to be ready. and the same cialis is the only daily ed tablet approved to treat ed and symptoms of bph, like needing to go frequently or urgently. tell your doctor about all...
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. >> fiscal cliff negotiations proving once again that obama is never worried about trying to fix the problem. >> how about manning up here, mr. president. >> all he's trying to do is fix the blame. >> the president won. he wants to prove he can dominate. >> 15 auto workers fired are back on tle job tonight. >> hey, guys, hate to be a buzzkill, but shouldn't you guys be building cars? don't you guys work out at the chrysler factory? >> this right to work in michigan is a big deal. and michigan is about to become a right to work state, where you can't get a job without having to join a union. >> these so-called right to work laws don't have anything do with economics. they have everything to do with politics. >> michigan is ground zero for union activity. >> ♪ gangnam style >> this guy should have never been there. they realized he had done this in 2002 and 2004. apologies don't matter. he said we want american troops, their families, wives and kids, to die, die a painful death. you don't apologize for that. you're a bad person. get him out of the white house. >> you're going to hold
. >> fiscal cliff negotiations proving once again that obama is never worried about trying to fix the problem. >> how about manning up here, mr. president. >> all he's trying to do is fix the blame. >> the president won. he wants to prove he can dominate. >> 15 auto workers fired are back on tle job tonight. >> hey, guys, hate to be a buzzkill, but shouldn't you guys be building cars? don't you guys work out at the chrysler factory? >> this right to...
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i don't think it will affect the fiscal cliff negotiations at all. we may go up to an 8% unemployment rate again. that's what we may do. it was 7.9 in october. it could be 8% in the number out today. >> brian: stewart, we're going to be watching this. we're going to be tossing to you to bring us the numbers as they come in for some instant analysis. so you'll small cast on the "fox business" network and our network. >> 8:30, we get the number this morning. >> brian: then you will change outfits, maybe hair styles and at 9:20 lost varney and company. >> totally different guy at 9:20. >> brian: thanks. have a great weekend. >> thanks. >> brian: i know you don't like to talk to me in the halls. coming up straight ahead, fema workers told to go sightseeing instead of helping sandy victims. that scary story ahead. then he was told he would never walk again. but the man you're about to meet is defying the odds. his motivation? to walk down the aisle. that story, more on that coming your way. i'm doing my own sleep study. advil pm® or tylenol pm. the advil
i don't think it will affect the fiscal cliff negotiations at all. we may go up to an 8% unemployment rate again. that's what we may do. it was 7.9 in october. it could be 8% in the number out today. >> brian: stewart, we're going to be watching this. we're going to be tossing to you to bring us the numbers as they come in for some instant analysis. so you'll small cast on the "fox business" network and our network. >> 8:30, we get the number this morning. >> brian:...
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cliff so stop me if you heard this before. >>shepard: and how about "text when done." for breath holding. >> another great reason to have chocolate, as if you needed another. researchers say a chemical in the beans is more effective giving cough relief than codeine in cough syrup. an ingredient in raw chocolate helps give 60 percent of patients cough relief. the doctors say it is not a cure but a bar or two of dark chock hat each day could bring relief. now, doctor, from rainbow, babies and children hospital in cleveland. doctor, good to see you. this is best news ever. >>guest: it is, but there is probably an explanation. what they are looking at is the active ingredient in dark chocolate in the bean. it is in the same pharmacy group as caffeine so many people who cough have a cough variation of asthma. everyone who has asthma does not wheeze so there is a good likelihood they are actually getting a medication law the dark chocolate. milk chocolate, you would need a lot more, so that is what is going on. >>shepard: there is m
cliff so stop me if you heard this before. >>shepard: and how about "text when done." for breath holding. >> another great reason to have chocolate, as if you needed another. researchers say a chemical in the beans is more effective giving cough relief than codeine in cough syrup. an ingredient in raw chocolate helps give 60 percent of patients cough relief. the doctors say it is not a cure but a bar or two of dark chock hat each day could bring relief. now, doctor, from...
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the longer the white house slow walks this process the closer our economy gets to the fiscal cliff. martha: so what is really going on in this negotiating right now? where are both sides? the white house continues to insist that it is republicans who have yet to offer any detailed proposal to themment when speaker john boehner comes to the microphone moments from now, in every one of these you can pick up a little bit of the tea leaves and figure out where this might be going. as soon as john boehner walks in front of that podium we'll want to listen to every word and see fit gives us any indication of where we are right now. bill: we are getting brand-new audio now of the police chatter inside of a busy mall in organ after a masked gunman opened fire. have a listen here. >> paramedics in here you want to get them out get them out. i'd say as many people out as possible. they are on their way out of the food court. that goes for guys that are uniformed officers, spread out. if you've got nothing to do then leave, please. >> i've got a witness at my location, where do i need to send
the longer the white house slow walks this process the closer our economy gets to the fiscal cliff. martha: so what is really going on in this negotiating right now? where are both sides? the white house continues to insist that it is republicans who have yet to offer any detailed proposal to themment when speaker john boehner comes to the microphone moments from now, in every one of these you can pick up a little bit of the tea leaves and figure out where this might be going. as soon as john...
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we will check in with our media mass segment and then katie left and right and the fiscal cliff negotiations and seemingly abandoning every conservative principal. now he's targeting those who dare to stan up to his actions. and why were congressmen huelskamp and amash abruptly rue moved from their posts? ♪ [ engine revs ] ♪ ♪ [ male announcer ] the mercedes-benz winter event is back, with the perfect vehicle that's just right for you, no matter which list you're on. [ santa ] ho, ho, ho, ho! [ male announcer ] lease a 2013 ml350 for $599 a month at your local mercedes-benz dealer. at your local is bigger than we think ... sometimelike the flu.fer from with aches, fever and chills- the flu's a really big deal. so why treat it like it's a little cold? there's something that works differently than over-the-counter remedies. prescription tamiflu attacks the flu virus at its source. so don't wait. call your doctor right away. tamiflu is prescription medicine for treating the flu in adults and children one year and older whose flu symptoms started within the last two days. before taking tam
we will check in with our media mass segment and then katie left and right and the fiscal cliff negotiations and seemingly abandoning every conservative principal. now he's targeting those who dare to stan up to his actions. and why were congressmen huelskamp and amash abruptly rue moved from their posts? ♪ [ engine revs ] ♪ ♪ [ male announcer ] the mercedes-benz winter event is back, with the perfect vehicle that's just right for you, no matter which list you're on. [ santa ] ho, ho, ho,...
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we're awaiting for speaker boehner and update on talks and negotiations for the fiscal cliff. as soon as he steps to the microphone we'll bring you there. we'll be back with more "happening now". jon: speaker of the house john boehner beginning his weekly news update. >> the president still has not made an offer that meets those two standards but republicans have. while the president promised the american people a balanced approach hess proposals have been anything but. he wants far more in tax hikes than in spending cuts. instead of beginning to solve our debt problem he wants new stimulus spending and the ability to raise the debt limit whenever he wants without any cuts or reforms. that's clear the president is just not serious about cutting spending, but spending is the problem. how big of a problem? look at this chart put together by paul ryan and the budget committee. this line is the current baseline for revenue. here if the president got everything he wanted, over $1.4 trillion in taxes, this is what that would represent. but if you look at the spending problem, you se
we're awaiting for speaker boehner and update on talks and negotiations for the fiscal cliff. as soon as he steps to the microphone we'll bring you there. we'll be back with more "happening now". jon: speaker of the house john boehner beginning his weekly news update. >> the president still has not made an offer that meets those two standards but republicans have. while the president promised the american people a balanced approach hess proposals have been anything but. he wants...
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yep, the president and speaker boehner hold a fiscal cliff phone call, but there is still one big problem. the white house doesn't seem to want to budge! they want a tax and spend. >> if congress in any way suggests that they're going to tie negotiations to debt ceiling, i will not play that game. >> gretchen: so michelle malkin is going to stop by and she says the president needs to read the constitution? she's right around the corner. >> steve: and this experiment shows what happens when pot heads meet potholes. so is our safety at risk behind the wheel now that marijuana is legal in two states? recreational marijuana. a live report straight ahead. >> brian: plus, rare personal look inside the life and mind of one of the most feared men ever to play heavyweight boxing for a sport. a former champion. mike tyson joins us live and open up about his marriage. startling revelation about his drug use and will he or will he not be in "hangover 3". that's the penetrating question my son needs to know. "fox & friends" starts now. >> you'll shoot your eye out, kid. merry christmas. ho, ho, ho. >>
yep, the president and speaker boehner hold a fiscal cliff phone call, but there is still one big problem. the white house doesn't seem to want to budge! they want a tax and spend. >> if congress in any way suggests that they're going to tie negotiations to debt ceiling, i will not play that game. >> gretchen: so michelle malkin is going to stop by and she says the president needs to read the constitution? she's right around the corner. >> steve: and this experiment shows what...
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may reach up to the fiscal cliff. >> brian: at least they are talking to each other. they are talking about raising rates for medicare to scen . rates to 37 . difdepped and inheritance and capitol gains on tap to go up. that could be devastating. >> steve: especially the difid end tax up a gigantical. >> brian: and capitol gains up five points. >> gretchen: stay tuned for that. he risked his life to help americans nail bin laden and now fox news has learned he was torteured in a pakistani jail. family members of the doctor said they can't even visit him. he was captured by pakistani officials and sentenced to 33 years in prison. got most wanten in the world. >> brian: why is there not more outrage on that. >> steve: and now extreme weather. he survived a tornado only to have this happen. watch. >> oh, my god, oh, my god. ci'm okay. che was chatting with a tv reporter when the roof came crashing down and luckily it was all caught on camera. >> gretchen: in country illegally. the university of california at berklyy offered 200 scholarship. a private company do mated mon
may reach up to the fiscal cliff. >> brian: at least they are talking to each other. they are talking about raising rates for medicare to scen . rates to 37 . difdepped and inheritance and capitol gains on tap to go up. that could be devastating. >> steve: especially the difid end tax up a gigantical. >> brian: and capitol gains up five points. >> gretchen: stay tuned for that. he risked his life to help americans nail bin laden and now fox news has learned he was...
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in debt by the end of obama's term and we're barely over the fiscal cliff with or without going over the fiscal cliff, so my suggestion to mr. boehner, let them go. let president obama, let him have two recessions on two terms, that's the only way that they'll cut a time of spending if they're forced to do it. >> you mentioned the number, 5-8 billion dollars, new congress militia numbers out. 4.8 billion dollars a day so far, now, this is for not this year, this is for fiscal year 2013 which began in october. carney, the white house press spokesperson says a number of things about this, take a listen. >> the debt reduction in and of itself is not the goal here. the reason to get our fiscal house in order and the reason to pass a deficit reduction package that's balanced and allows for economic growth and job creation is to put our economy on a sustainable fiscal path. which again, in itself produces positive economic benefits and growth and jobs. >> eric: that's ridiculous, what that man just said, the reason for the discussions is not to cut the deficit, it's to put our economy on a
in debt by the end of obama's term and we're barely over the fiscal cliff with or without going over the fiscal cliff, so my suggestion to mr. boehner, let them go. let president obama, let him have two recessions on two terms, that's the only way that they'll cut a time of spending if they're forced to do it. >> you mentioned the number, 5-8 billion dollars, new congress militia numbers out. 4.8 billion dollars a day so far, now, this is for not this year, this is for fiscal year 2013...
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can you give the american people status update what is happening with these fiscal cliff negotiations? do you see that coming together, both sides? >> i hope so but there's a cliff in this country in terms of how we approach things. the president ran on a plank, very wealthy no longer should get a tax break. middle class taxpayers should continue to get a lower tax than they otherwise would. the republicans, if i might say so, simply have to listen to the election results. the president was clear. we asked can dates to be clear about their positions. the president was utterly clear that the tax rates for high income people should return to the clinton era. the people spoke. the republicans should listen. jenna: congressman, pleasure to have you on set. look forward to have you come back. talk to us about spending at the national level. >> be glad to do that. jenna: thank you for the time. jon? jon: get away from all this earthly talk of fiscal cliffs and other problems and get to dramatic new findings from space. nasa's hubble space telescope has helped astronomers discover something
can you give the american people status update what is happening with these fiscal cliff negotiations? do you see that coming together, both sides? >> i hope so but there's a cliff in this country in terms of how we approach things. the president ran on a plank, very wealthy no longer should get a tax break. middle class taxpayers should continue to get a lower tax than they otherwise would. the republicans, if i might say so, simply have to listen to the election results. the president...
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but his point man on fiscal cliff negotiations took a much different tone if republicans don't negotiate on revenue band tax rates on upper earners the white house is ready to go right over the cliff. >> is the administration prepared to go over the fiscal cliff? >>> oo absolutely. >> the president had support on raising tax rates on upper income earners. republicans have support the putting more emphasis on government spending rather than just simply raising taxes. the republican leaders in congress meantime who also met with business leaders yesterday said they have already offered to raise taxes by cutting deductions for upper earners an the president has yet to counter their proposal. >> i will be ready to sit down with the president to get serious about the problem. >> it is possible the white house could be bluffing the administration ordered the pentagon to begin considering the big spending cuts that would hit military spending if in fact we goefr the cliff. >> back to you. >> doug luzader, thank you. >>> we heard what the lawmakers are saying but what about the taxpayers they re
but his point man on fiscal cliff negotiations took a much different tone if republicans don't negotiate on revenue band tax rates on upper earners the white house is ready to go right over the cliff. >> is the administration prepared to go over the fiscal cliff? >>> oo absolutely. >> the president had support on raising tax rates on upper income earners. republicans have support the putting more emphasis on government spending rather than just simply raising taxes. the...
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we'll talk with ann coulter as we track the fiscal cliff negotiations. does the average american know what exactly this is? we went to the streets of new york to find out. >> it was something i probably learned about in school, but i'm guessing it's like a cliff like guessing it's like a cliff like a you won't take my life. you won't take our future. aids affects us all. even babies. chevron is working to stop mother-to-child transmission. our employees and their families are part of the fight. and we're winning. at chevron nigeria, we haven't had a reported case in 12ears. aids is strong. aids is strong. but we are stronger. and aids... ♪ aids is going to lose. aids is going to lose. ♪ sven gets great rewards for his small business! how does this thing work? oh, i like it! [ garth ] sven's small business earns 2% cash back on every purche, everday! woo-hoo!!! so that's ten security gators, right? put them on my spark card! why settle for less? testing hot tar... great sinesses deserve great rewards! [ male announcer ] the spark business card from ca
we'll talk with ann coulter as we track the fiscal cliff negotiations. does the average american know what exactly this is? we went to the streets of new york to find out. >> it was something i probably learned about in school, but i'm guessing it's like a cliff like guessing it's like a cliff like a you won't take my life. you won't take our future. aids affects us all. even babies. chevron is working to stop mother-to-child transmission. our employees and their families are part of the...
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we'll talk with ann coulter as we track the fiscal cliff negotiations. does the average american know what exactly this is? we went to the streets of new york to find out. >> it was something i probably learned about in school, but i'm guessing it's like a cliff like a mountain avalanche type of cliff. meet the 5-passenger ford c-max hybrid. when you're carrying a lot of weight, c-max has a nice little trait, you see, c-max helps you load your freight, with its foot-activated lift gate. but that's not all you'll see, withcause c-max alsoted beats prius v, with better mpg. say hi to the all-new 47 combined mpg c-max hybrid. you won't take our future. aids affects us all. even babies. chevron is working to stop mother-to-child transmission. our employees and their families are part of the fight. and we're winning. at chevron nigeria, we haven't had a reported case in 12ears. aids is strong. aids is strong. but we are stronger. and aids... ♪ aids is going to lose. aids is going to lose. ♪ so we created the extraordinarily comfortable sleep number experi
we'll talk with ann coulter as we track the fiscal cliff negotiations. does the average american know what exactly this is? we went to the streets of new york to find out. >> it was something i probably learned about in school, but i'm guessing it's like a cliff like a mountain avalanche type of cliff. meet the 5-passenger ford c-max hybrid. when you're carrying a lot of weight, c-max has a nice little trait, you see, c-max helps you load your freight, with its foot-activated lift gate....
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we will check in with our media mass segment and then katie left and right and the fiscal cliff negotiations and seemingly abandoning every conservative principal. now he's targeting those who dare to stan up to his actions. and why were congressmen huelskamp and amash abruptly rue moved from their posts? they are here tonight and they will explain coming up. [ chuckles ] right, baby. oh, sir. that is a customer. oh...sorry about that. [ male announcer ] break from the holiday stress. fedex office. marie callender's turkey breast with stuffing is a great reason to slow down. creamy mash potatoes, homestyle gravy and 320 calories. marie callender's. it's time to savor. [ male announcer ] it started long ago. the joy of giving something everything you've got. it takes passion. and it's not letting up anytime soon. at unitedhealthcare insurance company, we understand that commitment. and always have. so does aarp, an organization serving the needs of americans 50 and over for generations. so it's no surprise millions have chosen an aarp medicare supplement insurance plan, insured by unitedhealt
we will check in with our media mass segment and then katie left and right and the fiscal cliff negotiations and seemingly abandoning every conservative principal. now he's targeting those who dare to stan up to his actions. and why were congressmen huelskamp and amash abruptly rue moved from their posts? they are here tonight and they will explain coming up. [ chuckles ] right, baby. oh, sir. that is a customer. oh...sorry about that. [ male announcer ] break from the holiday stress. fedex...
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cliff negotiations, as the end of the year approaches, but there are new questions this weekend about what will happen to the u.s. economy if washington fails to come up with the solution. and joining me now, angela mcglowan, a fox news political analyst and doug cornell, a former spokesperson for the democratic congressional campaign committee and a democratic strategist. great to see both of you. >> thank you, good to be with you. >> doug, you first, president obama and his weekly address this weekend says that democrats have some wiggle room on what they're willing to give to get a deal done. what are they willing to give? >> well, first of all, remember that as part of the budget control act the president signed into law about a trillion dollars in cuts and right now the president's priority is to pass a middle class tax cut and benefit 97% of small businesses, and that's the first priority and then, obviously, second part is to deal with the fiscal cliff and he's put entitle and spending cuts on the table and i think really, the issue here is whether republicans are going to be o
cliff negotiations, as the end of the year approaches, but there are new questions this weekend about what will happen to the u.s. economy if washington fails to come up with the solution. and joining me now, angela mcglowan, a fox news political analyst and doug cornell, a former spokesperson for the democratic congressional campaign committee and a democratic strategist. great to see both of you. >> thank you, good to be with you. >> doug, you first, president obama and his weekly...
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cliff and the negotiations that the letter can be sent and it wouldn't draw greta's attention. >> greta: does senator harry reid have the authority to delay the imp levellation? >> no, this is something that they definitely have to ask the departments and agencies not to implement. >> greta: does this go to hhs? >> i am guessing. who is it addressed to? >> greta: harry reid. the fix is in for the medical device community, i am going to say it. they want a special deal. they have gone to the democratic senators and now suddenly, they want a special deal out of it -- it's appalling. >> we don't add up all the taxes that are coming. the more -- that's why we repealed it and the whole health care bill -- >> greta: one of the taxes is the estate tax, that's the poor farmer who wants to give his farm or ranch to his heirs. >> you know that's a personal story with me. >> greta: oh, yeah. indeed, it is. >> what this is going to do, if we allow this to expire to go to a $1 million and 55% rate, 70% our farms in south dakota will be hit -- >> greta: but you problem is, you don't have a lobbyist.
cliff and the negotiations that the letter can be sent and it wouldn't draw greta's attention. >> greta: does senator harry reid have the authority to delay the imp levellation? >> no, this is something that they definitely have to ask the departments and agencies not to implement. >> greta: does this go to hhs? >> i am guessing. who is it addressed to? >> greta: harry reid. the fix is in for the medical device community, i am going to say it. they want a special...
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we'll bring our viewers live what he has to say about the fiscal cliff negotiations. whether or not we can read a little bit what he has to say where we're at in the negotiations of the maybe no ski trip to mars included in that. >> reporter: you doubt it. jenna: doug, thank you very much. we appreciate it. rick: the president's second term has not even started yet but some political pundits are already looking ahead to 2016. what they're saying about hillary clinton's chances four years from now. >>> rare december tornados slamming the southern u.s., leaving behind a trail of destruction, devastating communities. we'll take you to the hardest hit areas straight ahead. >> just heard a big bam. thought the world was coming to an end. >> it was real scary. everything was just flying around, just tossed around. >> the tornado just came, bouncing from house to house. rick: some extreme weather to tell you about out of central florida. a tornado tearing through the town of edgewater, damaging about 40 mobile homes in a community there. no serious injuries were reported but
we'll bring our viewers live what he has to say about the fiscal cliff negotiations. whether or not we can read a little bit what he has to say where we're at in the negotiations of the maybe no ski trip to mars included in that. >> reporter: you doubt it. jenna: doug, thank you very much. we appreciate it. rick: the president's second term has not even started yet but some political pundits are already looking ahead to 2016. what they're saying about hillary clinton's chances four years...
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fiscal cliff. looks like everybody's taxes are going up no matter how this thing is comes out. consumer spending accounts for more than 2/3 of economic output. especially important at this time of year of course when a lot of sectors in all of these areas have been struggling, here is a bit of good news. martha: okay. take it. bill: not a lot. if you're driving on the road, thanks to shrinking demand manned lower fuel prices gas is sinking like a stone. a drop of 34 cents in the past month. in st. louis, drivers paying just over $3. even l.a. is paying 3.68. which is below four bucks where they have been for a very long time. even further drops expected in the coming days. martha: a devastating loss this morning. jennie rivera, the mexican american singer on the verge of crossing over to this country in u.s. popularity is presumed to have been killed when a private plane crashed in monterrey, mexico. authorities have not confirmed her debt. her relatives say they have few doubts she was on board th
fiscal cliff. looks like everybody's taxes are going up no matter how this thing is comes out. consumer spending accounts for more than 2/3 of economic output. especially important at this time of year of course when a lot of sectors in all of these areas have been struggling, here is a bit of good news. martha: okay. take it. bill: not a lot. if you're driving on the road, thanks to shrinking demand manned lower fuel prices gas is sinking like a stone. a drop of 34 cents in the past month. in...
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cliff negotiations. while there are outlines of what a possible compromise could look like, liken stead of raising tax rates to 39.6% which was the clinton-era rate, maybe go to 37% and close some loopholes and deductions. there are still not indications that house republicans are willing to do that. and on the spending side, which really if you look at the media across the board, there hasn't been a lot of focus on it at all. the spending side. and what spending cuts are on the table. we haven't heard anything specific about what is in addition to what's been out there from the very beginning. jon: right because the republicans claim the country doesn't have an income or a revenue problem it has a spending problem, and that's where republicans say the bulk of the savings, or the rescue plan for this -- this budget is going to come. >> reporter: sure, i mean you have some proposals that are out there, for example, means testing, medicare, social security. you have adjustments to consumer price index with
cliff negotiations. while there are outlines of what a possible compromise could look like, liken stead of raising tax rates to 39.6% which was the clinton-era rate, maybe go to 37% and close some loopholes and deductions. there are still not indications that house republicans are willing to do that. and on the spending side, which really if you look at the media across the board, there hasn't been a lot of focus on it at all. the spending side. and what spending cuts are on the table. we...
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with so much going on, the fiscal cliff, negotiating back and forth with the house trying to figure out how to avoid massive tax increases and spending cuts, why there? it's all politics. >> steve: one other note, the "wall street journal" says regarding right to work states, between 2000 and 2010, 5 million people moved from union states to right to work states and they have 23% higher rate of income growth per capita in right to work states. so things are thriving in the right to work states. there are 24 of them. 26 still are union states. >> gretchen: eric brought up an interesting point about why isn't the president staying in washington, because now it turns out that the fiscal cliff is actually closer than we thought. it was not coakley january 1 anymore. we've about to go off it any day now because apparently it takes a certain amount of days to actually draft any kind of legislation that they might come to an agreement on and so if you backtrack then from the end of the year and when congress is going to be going home for christmas and other holidays, then you really don't have
with so much going on, the fiscal cliff, negotiating back and forth with the house trying to figure out how to avoid massive tax increases and spending cuts, why there? it's all politics. >> steve: one other note, the "wall street journal" says regarding right to work states, between 2000 and 2010, 5 million people moved from union states to right to work states and they have 23% higher rate of income growth per capita in right to work states. so things are thriving in the right...
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. >> this could be another negotiating chip in the fiscal cliff. harry reid's threat. it could be something to try to get more tax increases out of the republicans. megyn: interesting. this is a huge deal back in '06. you haven't heard as much about it now that the shoe is on the other foot. the democrats find themselves in the minority they play rue the day harry reid pushed this through. new questions how to tell if someone is too high to drive. now that marijuana is legal for recreational use in two states, authorities are trying to figure out what the legal limit should be for getting behind the wheel after you toke up. this is why. video of a crash that look the lives of four teenagers. prosecutors say the 17-year-old driver was high on marijuana when he got behind the wheel. it happened on long island in october. the driver took a curb at 110 miles an hour. crossed three lanes of traffic and skidded into trees, one of whicher to the car in half. he survived but his friend did not. the new marijuana law weren't into effect in the state. people can smoke for recrea
. >> this could be another negotiating chip in the fiscal cliff. harry reid's threat. it could be something to try to get more tax increases out of the republicans. megyn: interesting. this is a huge deal back in '06. you haven't heard as much about it now that the shoe is on the other foot. the democrats find themselves in the minority they play rue the day harry reid pushed this through. new questions how to tell if someone is too high to drive. now that marijuana is legal for...
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. >>> we are wrapping up a week where we heard negotiations on avoiding the so-called fiscal cliff were going no where on capitol hill. each side continues to dig in. but even if the president and house speaker john baner are able to reach a deal, there is no guarantee it would pass the lame duck congress. some say they are not sure they could go along with it. and some democrats might balk as well. everybody agrees that something has to be done, but so far no deal. >> first if congress does nothing, every family in america will see their income taxes go up on january 1st. a typical middle class family of four will get a $22 tax hike. that would be bad for families. it would be bad for businesses, and it would drag down our entire economy. >> we must get the national debt under control. tax increases will not solve our $sick teen trillion debt. only economic growth and a reform of entitlement programs will control the debt. >> let's say hello to our political panel. debbie is the former chair of vice president al gore's 2000 campaign in michigan. nice to see you. and chip is a former go
. >>> we are wrapping up a week where we heard negotiations on avoiding the so-called fiscal cliff were going no where on capitol hill. each side continues to dig in. but even if the president and house speaker john baner are able to reach a deal, there is no guarantee it would pass the lame duck congress. some say they are not sure they could go along with it. and some democrats might balk as well. everybody agrees that something has to be done, but so far no deal. >> first if...
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the negotiations to avoid falling off the fiscal cliff over the stand still, we're told. the house speaker john boehner says the white house has wasted another week. but the vice president says there is a quick fix to all of this if republicans would just agree to do one thing. plus the other winner of that record power ball jackpot has claimed the prize. but, well, the but is coming up as we approach the bottom of the hour and the top of the news from fox report. playing sports is just my whole life. looking back if it wasn't for shriners hospital, things would just be really, really different. i lost my leg when i was a kid. there was a time when i felt like i wasn't going to be able to walk again... it was a pretty bad accident but shriners showed me who i could be again. they turned my whole life around. hunter's life is one of nearly a million changed by donations from people like you. send your love to the rescue. donate today. >> shepard: they were all out shopping in seattle last night and all of a sudden chaos when an escalator went all haywire inside a macy's de
the negotiations to avoid falling off the fiscal cliff over the stand still, we're told. the house speaker john boehner says the white house has wasted another week. but the vice president says there is a quick fix to all of this if republicans would just agree to do one thing. plus the other winner of that record power ball jackpot has claimed the prize. but, well, the but is coming up as we approach the bottom of the hour and the top of the news from fox report. playing sports is just my...
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comes face to face with the fiscal cliff. tonight on "special report," house speaker john boehner says there has been no progress in negotiations with the president. he is again calling on mr. obama to come up with a new proposal. vice president joe biden says a deal could be done in 15 minutes. all this comes as the government announces a gain of 146,000 jobs in the month of november. the unemployment rate fell to 7.7%. that is the lowest in four years but that was mostly due to people who stopped looking for work. both sides agree the u.s. does not want to follow down the path of greece. what is to blame there? too much austerity or too much taxation? we'll look at the problems inside his own party, for speaker boehner. it's friday. that means the lightning round with the panel. "special report" from washington starts at 6:00 eastern. now back to new york and "the five." ♪ ♪ >> bob: kay. there is music for you. on december 3 last year, 16-year-old tyler alfred from oklahoma was driving under the influence and crashed hi
comes face to face with the fiscal cliff. tonight on "special report," house speaker john boehner says there has been no progress in negotiations with the president. he is again calling on mr. obama to come up with a new proposal. vice president joe biden says a deal could be done in 15 minutes. all this comes as the government announces a gain of 146,000 jobs in the month of november. the unemployment rate fell to 7.7%. that is the lowest in four years but that was mostly due to...
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the edge of the fiscal cliff looming larger as the clock ticks toward the deadline on january 1st. negotiators are trying to hammer out a deal over tax hikes and spending cuts searching for common ground. amid all the back and forth there are signing of a compromise. steve centanni is live in washington. are the two sides any closer together? >> reporter: there are two important signs today. speaker, house speaker john boehner met with president obama at the. we don't know how long they met or exactly what they talked about, but the white house says lines of communication are open and face-to-face meeting is on important. at the same time republicans say they will accept the demands for higher taxes on the wealthy if it goes along with spending cuts entitlements like medicare and social security. listen.... >> a lot of people are putting forth a theory. i think it has merit where you give the president 2% increase he is talking about on the top 2 percent. i am beginning to believe that is the best route for us to take. >> reporter: many other republicans, of course, standing firm a
the edge of the fiscal cliff looming larger as the clock ticks toward the deadline on january 1st. negotiators are trying to hammer out a deal over tax hikes and spending cuts searching for common ground. amid all the back and forth there are signing of a compromise. steve centanni is live in washington. are the two sides any closer together? >> reporter: there are two important signs today. speaker, house speaker john boehner met with president obama at the. we don't know how long they...
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republican leaders calling on obama to sit down for a face-to-face negotiation on the fiscal cliff. this is just weeks ago before the deadline. right now, as you know, there is still no deal. those sites are still hundreds of billions of dollars apart. mike emanuel has more. reporter: hello, jenna. speaker john boehner says the republicans made a good-faith effort to avert a fiscal crisis. they say essentially this is now time for the president to be getting involved to respond to the republican offering. he claims that the republican offer was balanced, and because republicans cannot just sit there and negotiate with themselves. here's more from the top republican leaders a short time ago. >> i will be here and i will be available at any moment. so, the president and get serious about solving this problem. reporter: they asked the president sit down so we can stop wasteful spending in washington. on the democratic side, there is emphasis that congress should pass the middle-class tax cuts for people earning up to $250,000 per year. to give those people economic certainty. here is m
republican leaders calling on obama to sit down for a face-to-face negotiation on the fiscal cliff. this is just weeks ago before the deadline. right now, as you know, there is still no deal. those sites are still hundreds of billions of dollars apart. mike emanuel has more. reporter: hello, jenna. speaker john boehner says the republicans made a good-faith effort to avert a fiscal crisis. they say essentially this is now time for the president to be getting involved to respond to the...
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the clock particulars towards that fiscal cliff deadline on january 11. mike emanuel is live. we are still getting hard lines from either side about where they stand on this. what is really happening behind the closed doors? are they closer to a dole? >> reporter: jenna you're right about a lot of tough talk in public, but behind closed doors we know the president, the speaker of the house john boehner had a phone call late yesterday, the first call they had in a week. there has not been much in the way of leaks as to what was discussed. most folks on capitol hill may suggest that no leaks means they are getting down to serious movement on finding a compromise to avert the fiscal cliff. because in public the treasury secretary was asked yesterday if the administration is prepared to go over the fiscal cliff. check this out. >> is the administration prepared to go over the fiscal cliff. >> absolutely. we see no prospects for an agreement that doesn't involve those rates going up on the top 2% of the wealthist. remember it's only 2%. >> reporter: most peopl
the clock particulars towards that fiscal cliff deadline on january 11. mike emanuel is live. we are still getting hard lines from either side about where they stand on this. what is really happening behind the closed doors? are they closer to a dole? >> reporter: jenna you're right about a lot of tough talk in public, but behind closed doors we know the president, the speaker of the house john boehner had a phone call late yesterday, the first call they had in a week. there has not been...
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>> if you take them at their word, it sounds like the president is anxious to go over the fiscal cliff, and he leaves very little room for republicans to negotiate with him with a 1.7 trillion dollar tax increase, 50 billion more in stimulus spending, and absolutely no expenditure reductions that are going to take place right now. i mean, from the point of view of republicans, you're going to get more spending decreases if you go over the fiscal cliff than if you deal with president obama. >> greta: well, it appears to many in the city that it's politico check mate for the president. if we go over the fiscal cliff, what it means is the taxes will go up on the wealthy, the big earners. it also goes up on the middle class. i assume the middle class will look to the rawp republicans foe fact that their taxes come up so political check mate. >> i'm not so sure. president obama could avoid that very simply by putting maybe two or three to one expenditure reductions on the table for revenue increases, something like sim responsibl simpson bow. he has a formula given to him by a commission he
>> if you take them at their word, it sounds like the president is anxious to go over the fiscal cliff, and he leaves very little room for republicans to negotiate with him with a 1.7 trillion dollar tax increase, 50 billion more in stimulus spending, and absolutely no expenditure reductions that are going to take place right now. i mean, from the point of view of republicans, you're going to get more spending decreases if you go over the fiscal cliff than if you deal with president...
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the president says we can avoid the fiscal cliff. where is the the compromise we've been hearing about? we'll ask chris wallace about the negotiating tactics next. >> alisyn: and then, kill a python get $1600, where and why the hunt is on now. ♪ music: "make someone happy" music: "make someone happy" ♪it's so important to make someone happy.♪ it's so important to make meone happy.♪ ♪make just one someone happy ♪and you will be happy too. flavor boost, meet beef. it's swanson flavor boost. concentrated broth to add delicious flavor to your skillet dish in just one stir. mmm! [ female announcer ] cook, meet compliments. get recipes at flavorboost.com. [ male announcer ] with free package pickup from the u.s. postal service the holidays are easy. visit usps.com. pay, print, and have it picked up for free before december 20h for delivery in time for the holidays. you can even give us special instructions on where to find it. free package pickup. from the u.s. postal service. because it's nice to have an extra pair of hands ar
the president says we can avoid the fiscal cliff. where is the the compromise we've been hearing about? we'll ask chris wallace about the negotiating tactics next. >> alisyn: and then, kill a python get $1600, where and why the hunt is on now. ♪ music: "make someone happy" music: "make someone happy" ♪it's so important to make someone happy.♪ it's so important to make meone happy.♪ ♪make just one someone happy ♪and you will be happy too. flavor boost, meet...